Kaya 959 Kaya Biz

Kaya Biz

At the helm of Gauteng’s biggest business radio show, Kaya Biz, is Gugulethu who will be leading the conversation on what is next for the Afropolitan business landscape. The show presents local and international business news, entrepreneurship, corporate and investment banking. Since its inception in May 2006 Kaya Biz has grown from a half-an-hour daily finance update to an hour show bringing compelling business news and market reviews to listeners.
Daily English South Africa Business News · Investing
5,365 Episodes
2800 – 2820

How the recent inflationary economic events have put cash back on the throne.

Global inflation is rising, central banks around the world are tightening policy rates, the US Federal Reserve is hiking rates in aggressive increments, and we are still faced with two expected rate hikes of 75 basis points before the year is up. According to Zisanda Gila, Portfolio manager at Momentum…
5 Sep 2022 5AM 17 min

CAREERS CORNER - What is 'quiet quitting'? All about the new workplace trend.

Quiet quitting is a rebellion against hustle culture. Here's how to tell if you're doing it. It may be the buzzword of 2022, but the origins of “quiet quitting” trace back to the start of COVID-19 in early 2020. The pandemic has impacted Americans’ daily lives in countless ways, including…
5 Sep 2022 5AM 19 min

A four-day work week would be great, but is SA ready?

A four-day work week is every employee’s dream and is attracting growing interest in countries around the world, including South Africa, but what does it entail? “Local employers must understand the model, decide if it will work for them and know how to implement it effectively,” says Kirk Kruger, master…
5 Sep 2022 5AM 16 min

Brain Drain of Female Chartered Accountants in South Africa.

Every year at least half of the South African university graduates entering the Chartered Accountancy (CA) profession as trainee CAs in public-practice audit, tax and advisory firms are women. However, despite important gains, according to the South African Institute of Chartered Accountants (SAICA)’s membership report, out of 50 324 accountant…
1 Sep 2022 4AM 15 min

Absa PMI rises above 50 in August.

Financial institution Absa’s seasonally adjusted Purchasing Managers’ Index (PMI) rose to 52.1 points in August from 47.6 in July. Following a tough start to the third quarter, an easing in the intensity of load-shedding meant that conditions in the manufacturing sector improved in August relative to July, the bank said…
1 Sep 2022 4AM 6 min

Santam hammered by worst natural catastrophe in its history.

The net underwriting margin for conventional insurance was 2.3% (June 2021: 6.7%), below the group’s target range of 5% to 10%. A significant contributor to the underwriting results were the devastating floods that affected KwaZulu-Natal (KZN) during April 2022. These were, however, offset to some extent by a reduction in…
1 Sep 2022 4AM 9 min

Shoprite's Money Market account evolves into fully-fledged bank account.

It’s official: Shoprite‘s Money Market Account is now a full-fledged, transactional bank account, the first ever offered by a South African retailer – and the lowest cost entry-level bank account on the market. Clients pay a flat R5 fee for cash withdrawals. Every other transaction is free, and there are…
31 Aug 2022 3AM 10 min

For sale: 5 million barrels of oil, owned by the SA government.

The Strategic Fuel Fund (SFF) has taken the first steps to sell a portion of SA's crude oil reserves by calling for bidders to register for pre-approval ahead of the bidding day. The proceeds of the sale – which it is hoped will be around R6 billion – will be…
31 Aug 2022 3AM 3 min

What investors look for before funding tech start-ups.

As media and ecosystem lead at AfricArena, Nathaniel Witbooi has peaked beyond the veil of investment, boasting high-level interaction with investors, start-ups and the ecosystem from a macro perspective. He believes the joys of being sector agnostic has accelerated his journey in understanding and learning from some of Africa’s finest…
31 Aug 2022 3AM 15 min

LEGALLY SPEAKING: Bankruptcy in South Africa - ins and outs.

As a result of high inflation, more and more South Africans are finding themselves with insurmountable debt. If you’re deeply in debt, filing for bankruptcy could allow you to rebuild your financial life. However, this is something to consider only after you’ve exhausted all other options. Here’s what you should…
31 Aug 2022 3AM 20 min

EKASINOMICS: Sovereign Africa Ratings - a black run sovereign ratings business.

Sovereign Africa Ratings (SAR), a new entrant in the highly competitive sovereign ratings business where it competes with the likes of Moodys’, Standard and Poors and Fitch, has appointed its first Chief Operating Officer, Mr Zwelibanzi Maziya. Dr Sifiso Falala, the founder of Sovereign Africa Ratings welcomed this new appointment…
31 Aug 2022 3AM 18 min

Meet Buhle Madlala who is making cycling affordable in townships.

Creating jobs was also at the core of what the National Cycling Academy Forum (NCAF) did since it was looking at ways to support the interests of the cycling sport which was generally not cheap, says the National Cycling Academy Forum (NCAF). Buhle Madlala, the co-founder of this organisation for…
31 Aug 2022 3AM 12 min

Old Mutual ready to put Covid volatility behind it as earnings rocket to 87%.

The Group reported an 87% increase in Results from operations on the back of strong operating performance and muted Covid-19 impacts. Despite weaker market returns, Return on net asset value improved to 9.6%, due to the unbundling of Nedbank thus delivering on our promise to simplify the Group’s capital structure…
30 Aug 2022 3AM 9 min

Rebosis enters business rescue: suspends trading on the JSE - SAIBPP reacts.

The South African Institute of Black Property Practitioner's (SAIBPP) is saddened by the news that Rebosis has resolved to enter into voluntary business rescue. Rebosis was founded by Sisa Ngubulana in 2010 and the company was listed on the JSE in 2011. It was the first black majority owned and…
30 Aug 2022 3AM 18 min

ITS MY HOUSE: Property Within a Deceased Estate - What You Need to Know.

A deceased estate comes into existence when a person dies and leaves property or a will. Such an estate must then be administered and distributed in terms of the deceased’s will or, if there is no valid will, in terms of the Intestate Succession Act (Act 81 of 1987). The…
30 Aug 2022 2AM 19 min

Why the construction sector still needs more women players.

The greater participation of women in the construction sector will only be achieved through positive initiatives that will result in culture changes and the creation of equitable work environments. There are valid concerns about the low level of women ownership of construction companies in South Africa and a stagnating trend…
30 Aug 2022 2AM 15 min

TECH & INNOVATION: Concerns over the unlawful data collection by tech companies.

Growing concerns over the unlawful collection of data by tech companies Google has been found to be collecting the highest amount of user data among all the other tech companies, including Facebook, Amazon, Tiktok, Apple and others. The study found that YouTube, which is owned by Google, mostly collects your…
30 Aug 2022 2AM 11 min
2800 – 2820